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DeFi Bitcoin (BTC) News



Rakuten Group

Rakuten will let its customers swap points for crypto

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One of the most remarkable e-commerce businesses Rakuten has declared, that its users will have a new service soon that will let them swap their loyalty points for three preeminent crypto coins. Rakuten Group has about 1.3 billion members. According to the corporation, it is an excellent move for...

China confiscated miners

7,000 bitcoin miners confiscated during police raid in China

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Tangshan City District authorities seized 6,890 ASIC miners illegally connected to the electricity grid. It is reported by Trustnodes with reference to local media. Police raids took place in more than 70 thousand households, as well as in factories, retail outlets, and communities. In one of the...

Brian Armstrong

Coinbase CEO got a patent for tech letting users email BTC

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Brian Armstrong, the Chief Executive Officer of Coinbase, has been given a US patent for a contraption that will change the transaction model of BTC. According to the paper, the user will be able to send bitcoin as simple as an email. The patent was registered in March 2015 and was given on...

Women are interested in BTC

The study revealed 43% of Bitcoin investors are women

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The organization behind the Grayscale Bitcoin Trust (GBTC) and other funds tightened to crypto prices requested a study of investor understandings of bitcoin. The study revealed that only a third part of all US investors are involved in the leading crypto coin, and of that interested group, 43% are...

Millenials invest bitcoin

Millennials invest in bitcoin more than in Microsoft

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Born in the late 80s and early 90s, people prefer to invest in cryptocurrencies and high-tech startups, rather than in the entertainment industry. This is evidenced by research data from the American brokerage company Charles Schwab. Millennials invest more in Bitcoins managed by the Grayscale...

Russia law bitcoin

Russia declared impossibility of virtual ban on BTC payments

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It is legally possible to prohibit the use of crypto as payment for services and goods, but in fact, it will be very difficult to enforce the ban. This was stated by Chairman of the State Duma Committee on the financial market Anatoly Aksakov, reports TASS. According to him, those “who are ready...

Bitcoin drugs

Laundering money in BTC: Russian drug peddlers face prison

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Cherepovets police are investigating a criminal case against two residents of the city who distributed drugs for a fee in cryptocurrency. This was reported by the press service of the department. The investigation established that the suspects worked for one of the darknet marketplaces involved in...

Charles Schwab Bitcoin

$26 billion: Charles Schwab buys BTC-friendly TD Ameritrade

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American financial giant Charles Schwab has announced the purchase of its Bitcoin-friendly competitor, broker TD Ameritrade, according to a press release. The absorption will take place through the exchange of shares, the transaction amount is $26 billion. The premium to shares of TD Ameritrade...

Bitcoin is losing its price

Bitcoin’s price reached its six-month low

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Bitcoin reached the cheapest point in six months, sinking about 10% and continuing last week’s slide past the weekend on matters about repressions on crypto transactions by China. The leading coin dropped as much as 11% from Friday’s close and was selling below $6600 as of 1:50 p.m. in Hong...

Nike and Lolli partnership

Just earn it! Lolli announced a partnership with Nike

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A rewards application Lolli announced its partnership with a sports brand Nike. On November 21 team of the app published a post with this announcement. They mentioned that customers of Lolli requested for this partnership:...

Canaan Inc. IPO

Canaan Inc. raised $90 million in the US IPO

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BTC mining engines building corporation Canaan gathered $90 million after rating its US IPO at the ground of its marketed range. The Hangzhou exchanged American depositary shares for $9 apiece and gathered $10 million on Wednesday. As to records of the US SEC, the shares had been traded for $9-11....

ProtonMail hodls Bitcoins

ProtonMail has been HODLing its Bitcoin payments for years

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ProtonMail announced on November 16 that it hasn’t been using any of BTCs it has received as payment from its premium users for years. The message was in answer to a client who accused that he felt derelict for using Bitcoin on a ProtonMail invoice instead for a long-term hodling. The exchange...

LocalBitcoins Finland

LocalBitcoins licensed by Finland regulator

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The Finnish Financial Services Authority (FIN-FSA) has registered the LocalBitcoins p2p platform as an official virtual currency provider. To issue an approval, the regulator demanded that the platform demonstrate the required level:...

Bitcoin mining devices maker Canaan

Canaan Inc. lost Credit Suisse as a lead in its IPO

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Bitcoin mining devices maker Canaan Inc. lost the lead for its US IPO and has scaled back its offering. According to the information the corporation reported to the US SEC, it intends to offer 10 million American depository shares at $9 to $11 apiece to raise about $110 million. Previously, Canaan...

Alibaba partners with Lolli

You can now earn Bitcoin while shopping on Alibaba platform

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Alibaba, a Chinese e-commerce leader, sprang a partnership with Lolli, a BTC bonuses shopping application. Now Alibaba users can get BTC when buying online. News about the partnership was published on November 11, Singles Day, which is a Chinese shopping holiday and is supposed to be one of the...

Robert Shiller Bitcoin

Robert Shiller: mystery of Satoshi behind bitcoin popularity

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Descriptive information plays an important role in the popularity of bitcoin and cryptocurrencies. This statement was made by Nobel Laureate in Economics Robert Shiller in an interview with the official portal of Yale University. According to him, it was the mysterious background to the creation of...

Wright's trial

Trial resumes. Wright breaks Bitcoin settlement agreement

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Craig Wright, an Australian technologist, stated that he can’t pay the amount that was mentioned in the agreement contracted with the Kleiman estate. As to a court paper listed in the Southern District of Florida October 30, Wright broke the contract arrangement according to which he must abandon...

Chinese official supported development of the Bitcoin mining

Chinese official supported development of the Bitcoin mining

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The Chinese province of Sichuan, which produces 70% of all bitcoins in the world, has all the opportunities for an even wider attraction of miners. This was reported by CoinDesk with reference to a statement by the former vice president of the China Securities Regulatory Commission, Yang Jiang. In...